veAERO Voters Earn Big with a $6.08M Epoch High

Aerodrome, the primary provider of on-chain trading for large-value contents, has now seen more than $80 million in swap fees. This was accompanied by a record epoch that realized $6.08 million in swap fees, the highest the platform has ever witnessed. All collected fees are directly given to the veAERO voters to have a fair value given to anyone participating in Aerodrome’s system.

Unprecedented Growth in Swap Fees

Regarding the swap fee chart of the Aerodrome, the historical data reveal a growing trend during 63 epochs. At the beginning of their emergence, swap fees were quite low, but as for recent epochs, they are constantly growing. The figures shown in the most recent period indicate the rise in v2 Fees (white) and Slipstream Fees (gold).

This growth is further substantiated by enhancing the platform as a liquidity portal for trading majors, especially on the Base blockchain. Another major factor was the seamless integration of some of the most desired assets, which helped Aerodrome obtain the required traffic and take its high position in the list of DeFi projects.

veAERO Voters Reap Rewards

As all the swap fee revenue is distributed directly to the veAERO voters, this strongly indicates that the platform is keen on rewarding the active stakers. This $6.08 million epoch showcases that veAERO stakers receive the same protocol’s upside directly. As fees increase, so do the incentives for voters, which enhances the rationale for long-term investment in Aerodrome for liquidity providers and token holders.

Commitment to Onboarding Leading Assets

The platform’s strategy includes attracting high-demand assets to enhance the company’s position as the leading trading hub for Base blockchain. This makes it possible for the platform to maintain competitiveness and its feasibility to support the exponential growth trend.

In a statement accompanying the milestone announcement, Aerodrome reaffirmed its mission: “As the leading onchain venue for trading majors, we’re committed to onboarding the most sought-after assets to Base.”With such momentum, Aerodrome is set for even bigger triumphs in the future that will define it as a leader in the DeFi sector.

Source: https://blockchainreporter.net/aerodromes-record-breaking-80m-swap-fees-veaero-voters-earn-big-with-a-6-08m-epoch-high/